AIMS TRADING SYSTEM

Overview

The AIMS Trading System is a trading methodology that focuses on trend direction and entry setups using specific indicators and rules. It utilizes two different time frames to determine trade setups and entries.

Summary

  • Trend Direction: Determined using the M5 chart.
  • Entries and Add-ons: Made on the M1 chart.
  • Indicators: The system uses an Entry Indicator and various setups to trigger trade entries.
  • Exit Strategy: Utilizes a green line stop and a trailing stop method called AIMS.

Entry Setups

  1. Setup 1: Saddle Point (Bracket the Market)
    • Rule 1: Alligator is sleeping.
    • Rule 2: AO (Awesome Oscillator) is close to the Zero Line (ZL).
    • Rule 3: Price is close to the red line.
  2. Setup 2: Open Alligator (Trade with Alligator)
    • Rule 1: First or second AIMS signal out of the open Alligator.
    • Rule 2: AO is close to the ZL.
    • Rule 3: Price is close to the red line and/or opposite AIMS.

Exit Setup

Green Line: Stop is closed on the green line.

AIMS: Trail the stop 3 pips below and above the AIMS.

Buy and Sell Rules

  • Buy Rule: Enter a buy trade when the entry conditions of either Setup 1 or Setup 2 are met, ensuring that the AO is close to the ZL and the price is aligned with the specified indicators.
  • Sell Rule: Enter a sell trade under the same conditions but in the opposite direction, ensuring alignment with the AO and price indicators.

The system also emphasizes assessing the distance to the exit point before placing a pending order. This is crucial for managing risk and setting appropriate stop-loss levels.

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